MID SEM EVALUATION:

(BTP CP302 - Eazy Options)

Supervisor: Dr. Ashwani Sharma(EE) - ashwani.sharma@iitrpr.ac.in

Co-Supervisor: Dr. Arun Kumar(Maths) - arun.kumar@iitrpr.ac.in

Team Members:

1. Yash Varshney (2020EEB1222)

2. Aryan Bansal (2020EEB1162)
3. Sparsh Verma (2020EEB1210)
4. Akshit Barnwal (2020EEB1150)
5. Keshav Arora (2020EEB1177)
"Eazy Options": Empowering Investors and Traders with In-Depth Options Analysis

In the fast-paced world of finance, having access to comprehensive options data analysis tools
is essential for making informed investment decisions. "Eazy Options" is a sophisticated web
application that caters to the needs of investors and traders by providing an extensive suite of
tools for analyzing call and put options data. This versatile platform is designed to empower
users with the knowledge and insights required to navigate the complex options market
confidently.

The Power of "Eazy Options"

1. Options Data Analysis:

● At the core of "Eazy Options" is its ability to fetch and present data for call and put
options. This includes details about strike prices, expiries, and implied volatility (IV).
Users can stay up-to-date with the latest trends and make timely decisions.

2. User-Friendly Interface:

● Accessibility is a top priority for "Eazy Options." The user interface is designed to be
intuitive, making it easy for users of all experience levels to navigate and utilize the
platform effectively. The goal is to ensure that users can harness the power of options
data analysis without unnecessary complexity.

3. Customizable Filters and Search:

● To cater to a wide range of trading strategies, "Eazy Options" offers customizable filters
and search options. Users can define specific criteria to filter options contracts based on
their unique preferences. This customization ensures that the platform adapts to
individual trading styles.

4. Secure MongoDB Backend:

● The platform's backend is powered by MongoDB, a NoSQL database known for its
flexibility and scalability. MongoDB securely stores options data, user profiles, and
preferences. User data is protected with robust encryption techniques.

5. Historical Data Analysis:

● Understanding historical data is vital for making informed decisions. "Eazy Options"
enables users to access historical options data for in-depth analysis. This historical
perspective can provide valuable insights into market behavior and trends.
Conclusion: Transforming Options Data into Informed Decisions

Charting Library (Recharts):

Eazy Options leverages the Recharts library for data visualization and charting needs, including
options data analysis:

● Why Recharts: Recharts is a popular choice for React.js applications due to several
advantages:
● React Integration: It seamlessly integrates with React.js, making it easy to incorporate
interactive charts into the frontend.
● Customization: Recharts offers a wide range of customizable chart types and styling
options, allowing users to tailor charts to their preferences.
● Responsive Design: Recharts provides responsive charting components that adapt to
various screen sizes and orientations.
● Data-Driven: It allows for dynamic data-driven updates, perfect for real-time options
data visualization.
● Community Support: Recharts has an active community and comprehensive
documentation, making it easier to implement and maintain.

We added various options derivatives so that user can do analysis for all of them at a common
platform , user can select various expiries and call and put premium
By that, he can get an idea about call and put prices and the Volume weighted average Price
which can help in determining various strategies and making effective strategies .

We calculated Implied Volatility from Black & Scholes using Newton Raphson method .
Next we will focus on introducing more such tools for risk assessment, as well a platform for
strategy performance analyzer.